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   Technology StocksH POWER CORP (HPOW)


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To: 993racer who started this subject9/29/2000 8:28:49 AM
From: Islander
   of 74
 
08:15 ET FuelCell Energy (FCEL) 94 3/4: CS First Boston starting coverage with a BUY rating and $118 target price.
(Briefing.com)

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To: whiteneon95 who wrote (32)10/3/2000 3:57:02 PM
From: 993racer
   of 74
 
I am trying to confirm your post.

If this is the case, it should have a nice effect on the stock price when it is announced.

racer


"H Power has located a site for the new production facility.
It looks like they are going to be building fuel cells in South Carolina! Expect remote generation units to become affordable next year.<\i>

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To: 993racer who started this subject10/4/2000 9:23:31 AM
From: Lhn5
   of 74
 
Subj: H Power Corp. Reports 47% Increase in First Quarter Revenues

H Power Corp. Reports 47% Increase in First Quarter Revenues

CLIFTON, N.J.--(BUSINESS WIRE)--Oct. 4, 2000--

Company Completes Initial Public Offering; Introduces New Fuel

Cell System and Will Supply Ball Aerospace With Fuel Cell

H Power Corp. (NASDAQ:HPOW), a leading fuel cell development
company, today reported financial results for the first quarter ended
August 31, 2000.

Net revenues for the quarter were $1,214,000, a 47 percent
increase from $825,000 reported for the first quarter of last year.
The net loss attributable to common stockholders was $4,045,000, or 10
cents per share, compared with $1,513,000, or 5 cents per share a year
ago. Revenues from product sales were $652,000, an increase from
$17,000 for the same period last year. Revenues from contracts were
$562,000, a decrease of 30 percent from the same period last year,
reflecting the company's emphasis on commercialization.

Cash and cash equivalents at the end of the quarter were
$110,694,000, compared with $11,257,000 for the fiscal year ended May
31, 2000. Working capital was $110,907,000, up from $13,213,000 at May
31, 2000, and shareholders' equity rose to $111,353,000 at the end of
the quarter from a deficit of $6,938,000 at May 31, 2000.

H Power's initial public offering (IPO) raised $104.2 million for
the company on August 9, 2000.

"First quarter results are consistent with our strategic plan," H.
Frank Gibbard, chief executive officer of H Power Corp., commented.
"Net losses were primarily the result of planned increases in research
and development, marketing and selling and general administrative
expenses. This is not unusual for the fuel cell industry, which is
characterized by significant amounts of capital investment, strong
competition and intense ongoing technical development.

"Our successful IPO strengthened H Power's capital base and will
further expedite our commercialization of fuel cells," continued
Gibbard. "We recently introduced the PowerPEM(R) PS250, a 250 watt
mobile and rack-mounted system that may be used either as a primary or
backup power source for a variety of applications. In addition, we
made significant progress on the commercialization front by signing a
memorandum of understanding with Ball Aerospace to supply fuel cells
for use in their military field equipment. We are already selling
portable units and expect to start production of stationary units in
2001, as planned."

H Power's goal is to establish fuel cells as a major alternative
energy source and to become the leading commercial provider of fuel
cells and systems. The company focuses primarily on existing markets
for stationary power products such as the rural residential market.
Going forward, the company intends to strengthen and expand strategic
relationships, penetrate the markets for portable and mobile fuel cell
products and develop low-cost, state-of-the-art manufacturing
capabilities. In addition, H Power plans to capitalize on its
technological advantages over other fuel cell developers and other
potential alternative power sources, and develop and acquire advanced
complementary technologies.

About H Power Corp.

H Power Corp. is a leading fuel cell development company and one
of the first providers to complete a commercial sale of a
proton-exchange membrane (PEM) fuel cell system. PEM fuel cells
generate electricity efficiently and cleanly from the electrochemical
reaction of hydrogen and oxygen. Hydrogen is typically derived from
conventional fuels such as natural gas or pro`ane, and oxygen is drawn
from the air. H Power's fuel cells are designed to provide electricity
for a wide range of stationary, portable and mobile applications
including residential cogeneration products for rural, remote homes,
and backup power units for mobile applications.

For additional information, please visit our website at
www.hpower.com

H Power will hold a conference call discussion of first quarter
results today, October 4 at 11 am eastern time. To listen, please call
(877) 841-0748. A replay of the call will be available until October
11. To listen to the replay, please call (800) 642-1687, and use the
reference code No. 529235.

Certain expectations and projections regarding the future
performance of H Power discussed in this news release are
forward-looking and are made under the "safe harbor" provisions of the
Private Securities Litigation Reform Act of 1995. These expectations
are based on currently available competitive, financial and economic
data along with the Company's operating plans and are subject to
future events and uncertainties. Management cautions the reader that
the following factors, amongst others, may cause H Power's plans to
differ or results to vary from those expected, including the impact of
competition, pricing, market demand and marketplace acceptance, and
other risks set forth from time to time in H Power's filings with the
Securities and Exchange Commission, including, but not limited to the
risks set forth in H Power's Registration Statement on Form S-1. H
Power undertakes no ¯bligation to publicly release the results of any
revisions to forward-looking statements, which may be made to reflect
events or circumstances after the date hereof or to reflect the
occurrence of unanticipated events. The events highlighted herein
should not be assumed to be items that could affect the future
performance of the Company.

H Power Corp.

First Quarter Financial Results (unaudited)

Three Months Ended
Income Statement Data: August 31,
2000 1999

Net revenues $ 1,214,000 $ 825,000
Loss from operations (4,483,000) (1,459,000)
Net loss (4,004,000) (1,460,000)
Net loss attributable
to common shareholders (4,045,000) (1,513,000)

Loss per share, basic and diluted ($ 0.10) ($ 0.05)

Weighted average shares outstanding 41,702,000 29,396,000

Balance Sheet Data: August 31, 2000 May 31, 2000

Cash and cash equivalents $110,694,000 $11,257,000
Working capital 110,907,000 13,213,000
Total assets 116,771,000 18,650,000
Long-term debt 68,000 67,000
Minority interest 0 5,000,000
Mandatory redeemable preferred stock 0 15,327,000
Total stockholders' equity (deficit) 111,353,000 (6,938,000)

CONTACT:

H Power Corp.

William L. Zang, CFO x 424

Thomas Michael, VP x 500

973/249-5444

or

The Dilenschneider Group

Robert Valdmanis - Media

Ken Di Paola - IR

212/922-0900

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To: 993racer who started this subject10/6/2000 7:13:45 PM
From: whiteneon95
   of 74
 
The CEO of H-Power speaks on Radio WallStreet.

radiowallstreet.com

Dr. Frank Gibbard discusses H-Power fuel cells and their plan to market them.

Some highlights:

Multiple markets targeted:
Stationary Rural, Residential, and then infrastructure-less markets (the 2-billion people without power)
Back-up power
Portable power

Power cost forecasted to be in .12 per kWh range, could be very attractive to people in areas that are now deregulated (where costs have doubled or more).

They are working to deliver 20 thousand units in the next 36 months, mostly into the 81 Million-dollar ECO Fuelcell backorder. Stationary unit costs to fall to $ 5,000 price point in 36 months.

The units will be able to work on propane or natural gas and run in the high 60 percent efficiency range with the waste heat-recapturing feature. This is better than centralized power generation!

Go HPOW!!

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To: Lhn5 who wrote (40)10/7/2000 2:22:27 PM
From: Secret_Agent_Man
   of 74
 
patents
hoovers.com^INDEX+0,,RANKTYPE=CHRON,,ELEMENT_SET=OF,,DBSELECT2=ALL,,FIELD_1=AN,,TERM_1=H+Power

Pat. No. Title
1. 6,093,501 Fuel cell using an aqueous hydrogen-generating process
2. 6,051,331 Fuel cell platelet separators having coordinate features
3. 6,048,634 Fuel cell using water-soluble fuel
4. 6,028,414 Fuel cell stand-by energy supply system
5. 5,925,322 Fuel cell or a partial oxidation reactor or a heat engine and an oxygen-enriching device and method therefor
6. 5,863,671 Plastic platelet fuel cells employing integrated fluid management
7. 5,858,567 Fuel cells employing integrated fluid management platelet technology
8. 5,840,270 Catalytic method of generating hydrogen
9. 5,830,426 Aqueous hydrogen generation process
10. 5,776,625 Hydrogen-air fuel cell
11. 5,690,902 Hydrogen-powered automobile with in situ hydrogen generation
12. 5,683,828 Metal platelet fuel cells production and operation methods
13. 5,643,352 Reactive iron material for use in a hydrogen-generating process in an electrical vehicle
14. 5,629,102 Electrical automobile having a fuel cell, and method of powering an electrical automobile with a fuel cell system
15. 5,510,201 Method of operating a fuel cell wherein hydrogen is generated by providing iron in situ

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To: Secret_Agent_Man who wrote (42)10/25/2000 11:42:12 AM
From: D.Austin
   of 74
 
time to buy........out of many in this sector HPOW looks really good.This may not be the best entry here but when is that ?
cheers and good fortune d.a

p.s.I have a feeling I am attracted to boards that do not have much action.

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To: 993racer who started this subject11/10/2000 1:00:34 PM
From: whiteneon95
   of 74
 
HPOW options will trade soon. I look forward to buying some calls!!

biz.yahoo.com

Thursday November 9, 3:02 pm Eastern Time

Philadelphia Stock Exchange to list H Power options

CHICAGO, Nov 9 (Reuters) - The Philadelphia Stock Exchange said it will start listing options
on fuel-cell development company H Power Corp. (NasdaqNM:HPOW - news), options
symbol (HQf) on Nov. 16.

Options on H Power will trade on the January expiration cycle with initial expiration months of
December, January, April and July. Initial opening strike prices will be 15, 17.5 and 20.

Gateway Partners was named the specialist for H Power.

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To: Secret_Agent_Man who wrote (42)12/11/2000 4:38:44 AM
From: Secret_Agent_Man
   of 74
 
December 11, 2000

California Energy Officials
Discontinue
Price-Cap System, in a
Surprise Move

By REBECCA SMITH
Staff Reporter of THE WALL STREET JOURNAL

California grid officials unexpectedly abandoned
their main tool for managing prices after it
proved incapable of reining in runaway energy
costs. Instead of capping bids at $250 per
megawatt hour, they will now accept electricity
at any price so long as suppliers can prove it is
justified by production costs.

The unilateral move by the California
Independent System Operator, or ISO, came at
the end of a chaotic week in which energy
prices spiraled out of control and the world's
seventh-largest economy was threatened by
blackouts. Originally meant to have a small role
in the state's deregulated market, the ISO, which
guarantees electricity reliability, has lately found
itself buying as much as one-third of the power
consumed daily. In order to do so, the ISO has
paid ever-higher prices for last-minute power
purchases. On Monday, it spent $5 million. By
Friday, the figure had climbed to $81 million.

Generators, which already had 30% of the
state's power plants down for repairs after
running them hard all summer, offered
progressively less power to a computerized
day-ahead market run by a state-sanctioned
auction. They held back thousands of
megawatts, offering the juice to the ISO only if
prices got high enough. That put the ISO in the
position of having to beg and haggle for power,
despite the fact that actual demand wasn't
anything extraordinary.

"My people were making phone deals -- 10 to
15 an hour -- when I needed them running the
grid," said Terry Winter, ISO chief executive.
"We had a gun to our head."

In the end, the ISO took the rogue action of
abandoning its "hard price cap" of $250. It did
so without advance approval of its governing
board, Gov. Gray Davis or even the Federal
Energy Regulatory Commission, to which the
ISO reports. Nevertheless, the four-member
commission concurred with the move, at least
temporarily, noting the "extraordinary
circumstances occurring in California." The
energy commission is expected to issue on
Wednesday an important order on what is to be
done with the California problem.

Mr. Winter said he got tired of waiting around
as politicians and bureaucrats debated a fix for
California's broken energy market, which saw
prices soar to record levels even before last
week and which has put the state's main utilities
at risk of eventual insolvency. "I wanted some
accountability for these outrageous costs," Mr.
Winter said.

Gov. Davis, who has come under fire from
consumer groups for the sharply rising energy
costs, immediately lambasted the ISO for what
he called an "outrageous assault" on consumers.
Gov. Davis, who favors a $100 price cap -- a
level that generators say is below their
operating costs -- threatened to "dismantle" the
ISO in retaliation.

Generators and traders, on the other hand, said
that by freeing up prices, the ISO is actually
doing what is necessary to make sure the
market works. They argue a better match of
supply and demand should eventually bring
down prices. "Price caps distort the market,"
says Kenneth Lay, chairman of Enron Corp., the
nation's largest energy trader.

Even if that is the case, relief may not come
quickly. A cold snap is increasing electrical
demand throughout much of the West, soaking
up juice that otherwise could be available to
California. What's more, the price of natural gas
-- the fuel for many power plants -- has shot up
to unprecedented highs recently. Natural-gas
prices, at $2 to $3 per million British thermal
units a year ago, are now trading on the spot
market at around $40 to $60, by far the highest
level in the country.

The ISO action, though, should give the
organization some breathing room. By
promising generators they can offer energy at
more than $250 per megawatt hour and not
have their bids rejected outright, the ISO saw
the amount of juice offered on Friday jump
from nearly zero to 3,000 megawatts, giving it
the biggest cushion it had all week. Some of the
offers came in below $250.

By Sunday, more trading had shifted back into
the day-ahead market run by a sister
organization, the California Power Exchange.
But that pushed up its average price for power
to be delivered Monday to a record $611.80 per
megawatt hour, nearly one and a half times the
prior daily high.

That price run-up may reflect the fact that the
ISO, in its emergency market, now is forcing
suppliers to provide "appropriate cost
information" to the energy commission and state
officials when they offer power at prices above
$250 per megawatt hour. The daily auction has
no such requirement. When emergencies are
declared, the ISO also is asserting the right to
fine generators who refuse to provide power.

The change in the pricing system is a risky one
because generators may be able to justify
sky-high prices because of their natural-gas
purchases. There are only a handful of
generators serving California, and some buy
their natural gas from affiliate companies,
opening the door to sweetheart deals. "There's
no arms-length relationship between the gas
and electric companies," say Harvey Morris, an
attorney at the state Public Utilities Commission
who has filed an action against El Paso Energy,
owner of a major gas pipeline serving
California, alleging that contractual
arrangements between its units have driven up
gas prices. El Paso denies that is the case.

Under traditional cost-based regulation, such
arrangements weren't allowed. Electric
generators -- utilities -- were required to show
they bought their gas at reasonable prices.
Today, they are allowed to buy gas from anyone
and at any price because the assumption was
that a competitive electricity market would
make it impossible for them to pass through
inflated costs.

Energy experts say that the ISO's actions will
only have a positive effect if the energy
commission sets standards for permissible costs
and then audits generators and traders
aggressively.

Write to Rebecca Smith at
rebecca.smith@wsj.com

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To: Secret_Agent_Man who wrote (45)12/15/2000 4:17:56 PM
From: Secret_Agent_Man
   of 74
 
New SEC Filing for HPOW

A SC 13D has been released by HPOW! Click
10kwizard.ragingbull.com to view this
filing!
Form SC 13D : Filing by person(s) reporting owned shares of common stock in a
public company >5ª
SEC filing alerts brought to you by Raging Bull.

This Schedule 13D is filed jointly on behalf of CDPQ, a
corporation without share capital and an agent of the Crown in right of the Province de Quebec, created by a special act of the Legislature of the Province de Quebec, and Sofinov, a legal entity duly incorporated under part 1A of the Companies ACT (Quebec) and a wholly-owned subsidiary of CDPQ, pursuant to
Rule 13d-1(f)(1) under the Exchange Act.

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON

6,458,335 COMMON SHARES PERCENT OF CLASS REPRESENTED BY
AMOUNT IN ROW (11)

12%

no wonder they are in trials in France...thinbgs that make you say hmmm...

C4T
ragingbull.altavista.com

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To: Secret_Agent_Man who wrote (46)1/3/2001 9:15:48 AM
From: Secret_Agent_Man
   of 74
 
Jeff Almen who is VP of Marketing @ ECO
and Member Services..he was hesitant to discuss the Beta units simply because
he didnt know who the #### I was but he did say this "I cant really discuss
anything with you but I will say that the Beta units HAVE SHIPPED"
messages.yahoo.com

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